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Medical supply companies in general are very profitable enterprises. However, most medical supply companies operate on a very tight cash flow. Unfortunately, the challenging billing procedures and slow payment cycles of insurance companies, HMOs and Medicare/Medicaid create a situation where many companies wait 30 to 60 days before getting paid.Cash flow can get even tighter if the company's sales grow, or if the owners decide to open new locations. When this happens, most company owners try to more ...
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DATA SNAP: Irish Oct Private Sector Credit +9% On Yr (The Forex Market) DUBLIN (Dow Jones)--Irish private sector credit growth continued to slow in October, easing to 9% compared with 10.7% in September, as residential mortgage growth continued to slow, the Central Bank of Ireland said Friday. Fri, 28 Nov 2008 11:14:19 GMT
2nd UPDATE: UK Oct Net Lending Drops To GBP1.3B, Mtges Slump (The Forex Market) (Adds further detail, updated market reaction.) LONDON (Dow Jones)--U.K. net consumer lending dropped sharply in October as mortgage lending slumped, with mortgage approvals matching an all-time low, data from the Bank of England released Monday showed. Mon, 01 Dec 2008 14:27:39 GMT
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